Wednesday, 19 June 2024


Breakthrough Victoria is investing $15 million in Liquid Instruments, a pioneering company in the field of reconfigurable, precision software-defined test instrumentation.

This strategic investment will support Liquid Instruments' continued innovation and expansion, particularly within Victoria, fostering technological advancement and creating new job opportunities.

Liquid Instruments is at the forefront of revolutionising the traditional test and measurement instruments used by engineers, scientists, and students worldwide.

Conventional instruments are typically inflexible and costly, with hardware designed for single measurement tasks. These limitations often result in cumbersome equipment that cannot keep pace with rapid technological changes, leading to significant inefficiencies and increased costs in product development.

In contrast, Liquid Instruments' reconfigurable devices leverage the flexible nature of field-programmable gate arrays (FPGAs) and a versatile software platform to create more efficient, adaptable, and cost-effective instrumentation. Their products provide up to fourteen different instruments accessible through a single device, ranging from standard tools like oscilloscopes to advanced offerings like lock-in amplifiers, all within a more compact and cost-effective framework.

Liquid Instruments is already collaborating with Victorian partners to manufacture its products, and the company will expand these efforts in the coming years when it releases its highly anticipated next-generation device.

As part of this investment, Liquid Instruments will establish an office in Melbourne and hire dozens of new employees in high-tech roles, including artificial intelligence, machine learning, computer science and advanced manufacturing. Liquid Instruments also plans to expand its internship program, targeting students from Victorian universities.

This initiative will provide undergraduate and graduate students with invaluable real-world experience, working alongside Liquid Instruments scientists and engineers to propel innovative technology development.

Quotes attributable to Breakthrough Victoria CEO, Grant Dooley

“The impact of Breakthrough Victoria’s investment in Liquid Instruments will be felt across various levels of the state’s innovation sector. From stronger manufacturing capability in Victoria, to cost-effective lab solutions for researchers, engineers, and students in a single piece of hardware.”

Quotes attributable to Minister for Economic Growth, Tim Pallas

“We are growing our economy and attracting new industry by investing in companies like Liquid Instruments – creating new jobs in advanced manufacturing and artificial intelligence.”

Quotes attributable to Liquid Instruments CEO and co-Founder, Daniel Shaddock

We are super excited to expand into Victoria. This investment will allow us to strengthen and grow our manufacturing partnerships in Australia and forge new collaborations with researchers from world-class institutions at the forefront of technology development, including the University of Melbourne, RMIT University, Swinburne University of Technology and Monash University.”